epa

President Barack Obama is bypassing Congress to take a big swing at Big Coal — with the EPA announcing a sweeping new cap-and-trade system to reduce carbon pollution from power plants.

A 30 percent cut in emissions from 2005 levels by 2030 is a big number — less than environmental groups want but far more than the president can get via Congress, where climate change skeptics rule the House and the Democratic Senate so far avoiding bringing a climate change bill to the floor during Obama's presidency.